As COP28 gets underway in Dubai, Volvo Cars has announced today that it is strengthening its action plan – already one of the most ambitious in the automotive industry. The company aims to cut its CO2 emissions per vehicle by 75% by 2030. And this plan includes ‘green’ steel.
The Swedish carmaker (controlled by China’s Geely) will sell only 100% electric cars by 2030. It has just joined the World Economic Forum’s First Movers Coalition (FMC) and is campaigning for emerging clean technologies that will support the transition to near-zero emission aluminium.
Volvo partners with SSAB to get green steel
Volvo has formed a partnership with Swedish steel producer SSAB. They are exploring the possibilities of high-quality, near-zero emission steel for the automotive industry. The Volvo Cars division has obtained access from SSAB to primary and recycled steel sheet with near-zero emissions, for use in one of the manufacturer’s automotive programmes between now and 2026. The carmaker carefully avoids the word hydrogen in its press release. But that is exactly what it is all about.
SSAB is going to use the Hybrit process, which replaces fossil gas with hydrogen to produce more carbon-neutral steel. For the record, this steel producer will be at COP28, as indicated on its website.
Do you want to learn more about Volvo and green steel? Then our latest 2 articles on these subjects should be of interest to you. You can read our latest article about Volvo here and about green steel there.
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Article written by Laurent Meillaud and translated by Logan King
